Supreme Court of Ohio Clarifies that Class Action Settlements Are Res Judicata as to Class Members Who Do Not Formally “Opt Out”
When defendants settle class actions, one of the chief things they are “buying” is peace of mind – the predictability of knowing that litigation is behind them. That is one reason why courts routinely hold that a valid class action settlement is res judicata as to class members. True, class members may “opt out” of […]